Equity
SIMCO has made a profit without a break since 2008.
SIMCO has made a profit without a break since 2008.
The micro format states no turnover.
More equity than 88% of companies in head offices and management consultancy. Sector median €79,315 · 41,250 companies.
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Shares in 3 companies, including and
Board & ownership| Company | ||||
|---|---|---|---|---|
| SIMCO Blegny | €1.1m | €128,906 | 48.4% | - |
| Coopération Venture Développement Theux | €1.1m | €145,411 | 17.8% | - |
| VALDISUD Immo & Management Sprimont | €1.0m | €110,063 | 34.3% | - |
| THOMAS BONG MANAGEMENT Eupen | €0.9m | €134,602 | 78.3% | - |
| ECOGEST Dalhem | €0.8m | €139,152 | 61.9% | - |
| BLIC Bocholt | €1.1m | €135,095 | 71.1% | - |
| IGH IMMO Chastre | €1.0m | €114,900 | 36.4% | - |
These companies have the same main activity as SIMCO: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €843,000 and €1.1m, founded between 1986 and 1991.
SIMCO files the micro format. That format states no turnover. The gross margin rose from -€10,646 in 2007 to €128,906 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €220,000. Estimated: probably between €180,000 and €260,000.
Higher than 44% of 41,211 companies in 2025.
Higher than 35% of 40,303 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: top quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
1.1m | 1.2m | 1.2m | 1.0m | 304,839 | 196,391 | 171,527 | 98,224 | 101,108 | 115,555 | 115,081 | 115,600 | 132,541 | 46,222 | 11,494 | 55,503 | 51,660 | 51,161 | 54 | |
21/28 |
959,892 | 1.0m | 1.1m | 992,596 | 227,965 | 109,697 | 94,255 | 95,384 | 96,514 | 96,144 | 97,123 | 98,103 | 99,083 | 7,062 | 8,042 | 26,049 | 25,932 | 11,332 | - | |
22/27 |
52,956 | 55,627 | 69,150 | 22,922 | 34,965 | 16,697 | 1,255 | 2,384 | 3,514 | 3,144 | 4,123 | 5,103 | 6,083 | 7,062 | 8,042 | 26,049 | 25,932 | 11,332 | - | |
23 |
150 | 300 | 3,527 | 7,922 | 12,318 | 900 | 1,255 | 2,384 | 3,514 | 3,144 | 4,123 | 5,103 | 6,083 | 7,062 | 8,042 | 6,975 | - | - | - | |
24 |
45,031 | 55,327 | 65,623 | 15,000 | 22,647 | 15,797 | - | - | - | - | - | - | - | - | - | - | 500 | - | - | |
25 |
7,775 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
28 |
906,936 | 984,936 | 990,936 | 969,674 | 193,000 | 93,000 | 93,000 | 93,000 | 93,000 | 93,000 | 93,000 | 93,000 | 93,000 | - | - | - | - | - | - | |
29/58 |
119,785 | 132,657 | 109,421 | 8,127 | 76,873 | 86,694 | 77,272 | 2,839 | 4,594 | 19,411 | 17,958 | 17,497 | 33,458 | 39,159 | 3,452 | 29,454 | 25,728 | 39,829 | 54 | |
29 |
- | - | - | - | 65,000 | 65,000 | 65,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
291 |
- | - | - | - | 65,000 | 65,000 | 65,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
110,355 | 123,125 | 78,000 | - | 7,500 | - | - | - | - | 12,935 | - | 13,329 | 24,136 | 35,008 | - | 25,000 | 20,160 | 25,137 | - | |
40 |
15,125 | 45,125 | - | - | 7,500 | - | - | - | - | 1,148 | - | 9,600 | 15,000 | 35,008 | - | 25,000 | 20,160 | 25,137 | - | |
41 |
95,230 | 78,000 | 78,000 | - | - | - | - | - | - | 11,786 | - | 3,729 | 9,136 | - | - | - | - | - | - | |
54/58 |
7,378 | 6,469 | 29,479 | 5,001 | 1,240 | 18,378 | 8,738 | 122 | 1,888 | 4,637 | 17,750 | 2,577 | 7,743 | 2,652 | 1,499 | 3,474 | 4,057 | 13,751 | 54 | |
490/1 |
2,052 | 3,063 | 1,942 | 3,126 | 3,133 | 3,316 | 3,534 | 2,718 | 2,706 | 1,840 | 208 | 1,591 | 1,579 | 1,499 | 1,953 | 980 | 1,512 | 942 | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
1.1m | 1.2m | 1.2m | 1.0m | 304,839 | 196,391 | 171,527 | 98,224 | 101,108 | 115,555 | 115,081 | 115,600 | 132,541 | 46,222 | 11,494 | 55,503 | 51,660 | 51,161 | 54 | |
10/15 |
522,254 | 457,245 | 401,342 | 239,138 | 161,033 | 131,623 | 80,759 | 34,652 | 6,345 | 6,612 | 4,134 | 3,011 | 1,789 | -10,979 | -37,043 | -37,444 | -43,021 | -43,442 | -59,259 | |
10/11 |
18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 6,507 | 6,507 | 6,507 | 6,507 | 6,507 | 6,507 | |
100 |
- | - | - | - | - | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
101 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 12,085 | 12,085 | 12,085 | 12,085 | 12,085 | 12,085 | |
13 |
525,842 | 460,833 | 404,930 | 242,771 | 164,671 | 135,621 | 84,757 | 38,650 | 10,450 | 10,450 | 10,450 | 10,450 | 10,450 | 10,450 | 10,450 | 10,450 | 7,750 | 7,750 | - | |
130/1 |
- | - | 1,859 | 1,859 | 1,859 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | 1,859 | 1,859 | 1,859 | - | - | - | - | - | - | - | - | - | - | - | |
1311 |
- | - | 1,859 | 1,859 | 1,859 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
- | - | - | - | - | 10,450 | 10,450 | 10,450 | 10,450 | 10,450 | 10,450 | 10,450 | 10,450 | 10,450 | 10,450 | 10,450 | 7,750 | 7,750 | - | |
133 |
525,842 | 460,833 | 403,071 | 240,912 | 162,812 | 123,312 | 72,448 | 26,341 | - | - | - | - | - | - | - | - | - | - | - | |
14 |
-22,180 | -22,180 | -22,180 | -22,225 | -22,230 | -22,590 | -22,590 | -22,590 | -22,697 | -22,430 | -24,908 | -26,031 | -27,253 | -27,936 | -54,000 | -54,401 | -57,278 | -57,699 | -65,766 | |
17/49 |
557,423 | 715,975 | 768,165 | 761,586 | 143,806 | 64,768 | 90,768 | 63,572 | 94,763 | 108,943 | 110,947 | 112,589 | 130,752 | 57,201 | 48,537 | 92,946 | 94,682 | 94,604 | 59,313 | |
17 |
293,647 | 399,994 | 441,611 | 481,782 | 66,202 | 5,879 | - | - | - | 5,607 | 22,605 | 43,830 | 64,707 | 15,417 | - | 13,603 | 22,215 | 13,757 | - | |
170/4 |
293,647 | 399,994 | 441,611 | 481,782 | 66,202 | 5,879 | - | - | - | 5,607 | 22,605 | 43,830 | 64,707 | 15,417 | - | 13,603 | 22,215 | 13,757 | - | |
42/48 |
260,417 | 315,981 | 326,045 | 279,444 | 77,244 | 58,889 | 90,768 | 63,572 | 94,694 | 99,382 | 86,934 | 66,990 | 64,636 | 41,424 | 48,537 | 79,344 | 71,650 | 80,846 | 59,313 | |
42 |
143,730 | 153,934 | 126,785 | 81,491 | 34,797 | 24,255 | 19,920 | 2,598 | 8,747 | 16,997 | 21,225 | 20,877 | 20,537 | 5,000 | - | 8,612 | 10,712 | 10,963 | - | |
43 |
- | - | - | - | - | - | - | 10 | - | - | - | - | - | - | - | - | - | - | - | |
430/8 |
- | - | - | - | - | - | - | 10 | - | - | - | - | - | - | - | - | - | - | - | |
44 |
3,250 | 1,870 | 31,972 | 1,666 | 9,091 | 1,143 | 2,336 | 1,104 | 1,013 | 7,812 | 13,288 | 1,758 | 3,181 | 1,144 | 1,967 | 25,548 | 10,989 | 969 | - | |
440/4 |
3,250 | 1,870 | 31,972 | 1,666 | 9,091 | 1,143 | 2,336 | 1,104 | 1,013 | 7,812 | 13,288 | 1,758 | 3,181 | 1,144 | 1,967 | 25,548 | 10,989 | 969 | - | |
45 |
9,606 | 34,038 | 58,253 | 53,075 | 31,267 | 29,807 | 27,891 | 53,148 | 39,867 | 24,572 | 12,783 | 30,035 | 15,918 | 23,654 | 6,678 | 16,969 | 17,722 | 9,202 | 1,994 | |
450/3 |
9,606 | 34,038 | 58,253 | 51,875 | 31,267 | 29,807 | 27,891 | 51,448 | 39,867 | 24,572 | 10,783 | 27,035 | 15,918 | 20,654 | 6,678 | 16,969 | 15,222 | 9,202 | 1,994 | |
454/9 |
- | - | - | 1,200 | - | - | - | 1,700 | - | - | 2,000 | 3,000 | - | 3,000 | - | - | 2,500 | - | - | |
47/48 |
103,831 | 126,138 | 109,034 | 143,213 | 2,088 | 3,685 | 40,621 | 6,711 | 45,067 | 50,000 | 39,638 | 14,320 | 25,000 | 11,626 | 39,892 | 28,215 | 32,227 | 59,712 | 57,319 | |
492/3 |
3,359 | - | 510 | 360 | 360 | - | - | - | 69 | 3,954 | 1,408 | 1,768 | 1,408 | 360 | - | - | 816 | - | - | |
| Income statement | ||||||||||||||||||||
76A |
- | - | 112,262 | 6,751 | - | - | - | - | - | - | - | - | - | - | - | - | 3,875 | - | 1,780 | |
9900 |
128,906 | 176,743 | 264,110 | 138,356 | 68,610 | 76,921 | 71,342 | 51,789 | 50,324 | 59,776 | 46,861 | 18,642 | 43,728 | 43,605 | 24,405 | 21,108 | 25,880 | 37,732 | -10,646 | |
630 |
12,192 | 13,523 | 5,254 | 4,794 | 2,377 | 753 | 1,130 | 1,130 | 1,130 | 980 | 980 | 980 | 980 | 980 | 980 | 7,633 | 6,858 | 5,666 | - | |
640/8 |
4,452 | 2,121 | 1,842 | 1,496 | 1,165 | 1,212 | 1,444 | 1,110 | 3,887 | 2,893 | 1,451 | 1,233 | 1,444 | 1,077 | 3,793 | 1,902 | 4,500 | 1,147 | 995 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,602 | |
9901 |
112,262 | 161,099 | 257,014 | 132,066 | 65,068 | 74,956 | 68,768 | 49,549 | 45,307 | 55,904 | 44,431 | 16,429 | 41,304 | 41,548 | 19,633 | 11,573 | 14,522 | 30,919 | -11,640 | |
75/76B |
5,455 | 5,455 | 909 | - | 5,600 | - | - | 0 | - | 1,186 | 1 | 1,175 | 131 | 1 | - | 2 | 12 | 1 | 3 | |
75 |
5,455 | 5,455 | 909 | - | 5,600 | - | - | 0 | - | 1,186 | 1 | 1,175 | 131 | 1 | - | 2 | 12 | 1 | 3 | |
65/66B |
18,350 | 14,089 | 13,211 | 3,341 | 5,918 | 1,496 | 1,646 | 2,263 | 2,182 | 1,824 | 2,678 | 3,836 | 3,899 | 3,047 | 5,417 | 2,394 | 3,020 | 1,246 | 124 | |
65 |
18,350 | 14,089 | 13,211 | 3,341 | 2,339 | 1,496 | 1,646 | 2,263 | 2,182 | 1,824 | 2,678 | 3,836 | 3,899 | 3,047 | 5,417 | 2,394 | 3,020 | 1,246 | 124 | |
66B |
- | - | - | - | 3,580 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
99,367 | 152,464 | 244,712 | 128,725 | 64,750 | 73,460 | 67,123 | 47,286 | 43,125 | 55,265 | 41,754 | 13,769 | 37,537 | 38,502 | 14,216 | 9,181 | 15,388 | 29,674 | -11,583 | |
67/77 |
34,358 | 50,454 | 56,167 | 50,620 | 35,340 | 22,596 | 21,015 | 18,979 | 2,392 | 2,787 | 2,631 | 2,547 | 11,854 | 12,438 | 1,815 | 3,604 | 2,967 | 3,858 | - | |
9904 |
65,009 | 102,011 | 188,545 | 78,105 | 29,410 | 50,864 | 46,107 | 28,307 | 40,733 | 52,478 | 39,123 | 11,222 | 25,683 | 26,064 | 12,401 | 5,578 | 12,421 | 25,817 | -11,583 | |
789 |
- | - | - | - | 10,450 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
689 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,700 | - | 7,750 | - | |
9905 |
65,009 | 102,011 | 188,545 | 78,105 | 39,860 | 50,864 | 46,107 | 28,307 | 40,733 | 52,478 | 39,123 | 11,222 | 25,683 | 26,064 | 12,401 | 2,878 | 12,421 | 18,067 | -11,583 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
42,829 | 79,830 | 166,320 | 55,875 | 17,270 | 28,274 | 23,517 | 5,610 | 18,303 | 27,570 | 13,092 | -16,031 | -2,253 | -27,936 | -42,000 | -54,401 | -45,278 | -47,699 | -65,766 | |
14P |
-22,180 | -22,180 | -22,225 | -22,230 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | 46,107 | 26,341 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
65,009 | 102,011 | 188,500 | 78,100 | 39,500 | 50,864 | 46,107 | 28,200 | - | - | - | - | - | - | - | - | - | - | - | |
6920 |
- | - | - | - | - | - | - | 1,859 | - | - | - | - | - | - | - | - | - | - | - | |
6921 |
65,009 | 102,011 | 188,500 | 78,100 | 39,500 | 50,864 | 46,107 | 26,341 | - | - | - | - | - | - | - | - | - | - | - | |
694/7 |
- | 46,107 | 26,341 | - | - | - | - | - | 41,000 | 50,000 | 38,000 | 10,000 | 25,000 | - | 12,000 | - | 12,000 | 10,000 | - | |
694 |
- | 46,107 | 26,341 | - | - | - | - | - | - | - | - | - | 15,000 | - | - | - | - | - | - | |
695 |
- | - | - | - | - | - | - | - | 41,000 | 50,000 | 38,000 | 10,000 | 10,000 | - | 12,000 | - | 12,000 | 10,000 | - | |
| Document | ||||||||||||||||||||
The accounts for 19 older financial years (1988-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 30-01-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 30-01-2026 | 2026-00021268 | |
| 30-06-2024 | micro format | 21-01-2025 | 2025-00007735 | |
| 30-06-2023 | micro format | 30-01-2024 | 2024-00019360 | |
| 30-06-2022 | micro format | 30-01-2023 | 2023-00009552 | |
| 30-06-2021 | micro format | 14-02-2022 | 2022-05600154 | |
| 30-06-2020 | micro format | 29-01-2021 | 2021-03100431 | |
| 30-06-2019 | micro format | 31-01-2020 | 2020-03600326 | |
| 30-06-2018 | micro format | 30-01-2019 | 2019-03400314 | |
| 30-06-2017 | micro format | 18-12-2017 | 2017-72700110 | |
| 30-06-2016 | full format | 19-12-2016 | 2016-70500587 | |
| 30-06-2015 | full format | 21-12-2015 | 2015-70200175 | |
| 30-06-2014 | full format | 14-01-2015 | 2015-01300527 | |
| 30-06-2013 | full format | 24-02-2014 | 2014-05000441 | |
| 30-06-2012 | full format | 17-12-2012 | 2012-66800204 | |
| 30-06-2011 | full format | 13-02-2012 | 2012-03200075 | |
| 30-06-2010 | full format | 21-12-2010 | 2010-64200218 | |
| 30-06-2009 | full format | 28-01-2010 | 2010-03000257 | |
| 30-06-2008 | full format | 23-02-2009 | 2009-05500042 | |
| 30-06-2007 | full format | 22-04-2008 | 2008-11300331 | |
| 30-06-2006 | full format | 28-12-2006 | 2006-93804629 | |
| 30-06-2005 | full format | 21-12-2005 | 2005-90702447 | |
| 30-06-2004 | full format | 07-01-2005 | 2005-00701210 | |
| 30-06-2003 | full format | 08-01-2004 | 2004-00603766 | |
| 30-06-2002 | full format | 22-01-2003 | 2003-02203065 | |
| 30-06-2001 | full format | 18-03-2002 | 2002-06802812 | |
| 30-06-2000 | full format | 09-02-2001 | 2001-03805113 | |
| 30-06-1999 | full format | 20-03-2000 | 2000-06804319 | |
| 30-06-1998 | full format | 01-12-1999 | 1999-61304067 | |
| 30-06-1997 | full format | 28-04-1998 | 1998-08002194 | |
| 30-06-1996 | full format | 22-08-1997 | 1997-39003624 | |
| 30-06-1995 | full format | 09-02-1996 | 1996-02300809 | |
| 30-06-1994 | full format | 23-12-1994 | 1994-51202983 | |
| 30-06-1993 | full format | 21-03-1994 | 1994-04204690 | |
| 30-06-1992 | full format | 28-01-1993 | 1993-01503609 | |
| 30-06-1991 | full format | 10-02-1992 | 1992-01804346 | |
| 30-06-1990 | full format | 01-03-1991 | 1991-02200573 | |
| 30-06-1989 | full format | 29-12-1989 | 1989-27800590 | |
| 30-06-1988 | full format | 01-02-1989 | 1989-00803971 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 9,521 | 72,000 | 705,917 | 776,674 | 120,645 | 16,196 | 0 | 0 | 1,500 | 0 | 0 | 0 | 93,000 | 0 | 2,046 | 7,750 | 32,790 | 16,999 | - | ||
| 909 | -23,010 | 24,478 | 3,761 | -17,137 | 9,640 | 8,616 | -1,766 | -2,749 | -13,113 | 15,173 | -5,166 | 5,091 | 1,153 | -1,975 | -583 | -9,694 | 13,697 | - | ||
| 48.4% | 39.0% | 34.3% | 23.9% | 52.8% | 67.0% | 47.1% | 35.3% | 6.3% | 5.7% | 3.6% | 2.6% | 1.3% | -23.8% | -322.3% | -67.5% | -83.3% | -84.9% | - | ||
| 12.4% | 22.3% | 47.0% | 32.7% | 18.3% | 38.6% | 57.1% | 81.7% | 642.0% | 793.7% | 946.4% | 372.7% | - | - | - | - | - | - | - | ||
| 6.0% | 8.7% | 16.1% | 7.8% | 9.6% | 25.9% | 26.9% | 28.8% | 40.3% | 45.4% | 34.0% | 9.7% | 19.4% | 56.4% | 107.9% | 10.0% | 24.0% | 50.5% | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €9,521 | - | €51,481 | - |
| Financial fixed assets | - | €72,000 | €654,436 | €776,674 |
| €12,192 | €13,523 | €5,254 | €4,794 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 30% lower than in 2024 and the lowest since 2021. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 61.0% to 51.6%. Equity is higher and debt is lower.
Source: list of holdings in its own 30-06-2025 accounts. Every holding stands with its own latest accounts.
Source for every holding own accounts 30-06-2025
The connected companies are in the list below.
Deadline for the 2026 accounts: 31-01-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Route de Parfondvaux 51 registered office 4671 Blegny | ||
| Route de Parfondvaux 51 B 4671 Blegny | 15-07-1987 | 2.029.518.528 |
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